Pure Extracts Technologies Financial Health
How is Pure Extracts Technologies's financial position?
[object Object] Score1/6
Financial Health Score 1/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: PULL's short term assets (CA$2.1M) do not cover its short term liabilities (CA$3.6M).
Long Term Liabilities: PULL's short term assets (CA$2.1M) exceed its long term liabilities (CA$680.0K).
Debt to Equity History and Analysis
Debt Level: PULL's net debt to equity ratio (52.2%) is considered high.
Reducing Debt: Insufficient data to determine if PULL's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: PULL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PULL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 5.9% each year